Funding you earn now, next payment 04:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h −0.187%
Price spread now: Gate against BingX+0.354%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$460as in the Price arb table
costs, in and out, $10k−$4824.824% of the position
Funding, last 7 days+0.358%+$36 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.354%, 7d avg +0.132%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.223% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BULLA-USDT | 0.1078 | 0.1456 | pay 0.0728% / 4h | 1h 31m | — | $6.6M | — |
| Short | Gate BULLA_USDT | 0.1082 | 0.1754 | get 0.0877% / 4h | 1h 31m | $1.3M | $316K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $62.58
- Price spread: +0.354% → +0.132%
- $22.25
- Slippage, 4 orders
- −$457.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$397.61
- Costs to cover
- 4.824%
- Break-even
- 51.5 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 5 min ago | 2.78 bp | 38.9 bp −$39 | 238.1 bp −$2,381 | doesn't fit | doesn't fit |
| Sell Gate live order book, just now | 1.94 bp | 145.6 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
BULLA on 5 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0125% | 4h | 0.1076 | −0.192% | $6.0M | $1.1M | 5x | as long as short |
| BingX BULLA-USDTlong | +0.1456% | 4h | 0.1078 | long leg | — | $6.6M | — | |
| MEXC BULLA_USDT | +0.1548% | 4h | 0.1078 | −0.019% | $7.8M | $405K | 20x | as long as short |
| Binance BULLAUSDT | +0.1551% | 4h | 0.1078 | +0.001% | $12.0M | $9.7M | 10x | as long as short |
| Gate BULLA_USDTshort | +0.1754% | 4h | 0.1082 | +0.354% | $1.3M | $316K | 10x |
BingX BULLA-USDT
Gate BULLA_USDT
Aster BULLAUSDT
MEXC BULLA_USDT
Binance BULLAUSDT